funder logo

DAVENPORT UNIVERSITY FOUNDATION

DAVENPORT UNIVERSITY FOUNDATION

Grand Rapids, MI, US
501(c)3
EIN
38-2434184
Regional Funder
funder logo

DAVENPORT UNIVERSITY FOUNDATION

Grand Rapids, MI, US
501(c)3
EIN
38-2434184
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$3,751,094

Other
42%
Contributions
30%
Investments
22%
Fundraising Events
6%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025

$3,445,480

Grants
94%
Fees to Service Providers
5%
Interest
<1%
Other
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$1,758,556
$1,119,856
-36%
Government Grants
$0
$0
-
Fundraising Events
$347,989
$240,253
-31%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$844,615
$815,154
-3%
Other
-$278,623
$1,575,831
-666%
Total Revenues
$2,672,537
$3,751,094
+40%
Expenses
2024
2025
Change
Grants
$2,896,290
$3,244,693
+12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$147,321
$183,915
+25%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$8,616
$8,551
-1%
Depreciation
$0
$0
-
Other
$4,264
$8,321
+95%
Total Expenses
$3,056,491
$3,445,480
+13%
Net income
2024
2025
Change
Net income
-$383,954
+$305,614
-180%
Functional Expenses
Summary
2024
2025
Change
Program
$2,896,290
$3,244,693
+12%
Admin
$160,201
$200,787
+25%
Fundraising
$0
$0
-
Total Expenses
$3,056,491
$3,445,480
+13%
Income Statement
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